Companies and Trading

[FoxtrotZero]

Welcome to the DBF Exchange.

To Open a Company for Trading on the DBF Exchange
>> Companies may be opened every day of the week.
>> The company owner must be defined. There can currently only be one representative owner of a company.
>> The company must have a prefix between two and four characters (such as [A1] or [FOUR]).
>> Starting equity must be put into the company, at least 100 DB. Company owners can deposit equity at any time, but not revoke it.
>> Every company is based on a real company.
>> The base company of a company on the DBF Exchange may not be changed, or used for multiple companies on the DBF Exchange.
>> The owner of the company is given 100% of the shares of a newly-created company.
>> The number of shares of a company that exist can be changed by the owner. A company may never have fewer than two shares.
>> If one were to double the number of shares, share values would be halved, and every trader would have twice as many shares.

Trading on the DBF Exchange
>> As the value of the real company rises and falls, so does that of it's counterpart.
>> The percentage change of value of a company is calculated using the net difference from the closings of Monday though Friday.
>> The percentage change of value of a company is calculated once every Friday.
>> The percentage change of value of a company is calculated as changing by five times the percentage change of the real company.
>> Every share of a company is worth the same amount, determined by the equity of a company divided by the total number of shares.
>> Traders may buy shares that are for public sale (or in a transaction with another trader) or sell shares that they own for their current value.
>> Transactions are always rounded at the end; individual share values are not rounded.
>> Stock may only be bought and sold on Friday, Saturday, and Sunday.
>> Whomever owns the most shares of a company is officially the company owner.

Closing companies on the DBF Exchange
>> Do not delete a company's thread. Money will not be refunded and the owner will be blacklisted.
>> The owner of a company may close a company if they decide to do so.
>> The company cannot be closed in less than one week from founding.
>> The value of the company and it's shares is recalculated.
>> Every stockholder is given the monetary value of the shares they own.
>> Nobody receives the monetary value of any shares unowned.
>> The company is closed and shares can no longer be traded.

Traders blacklisted from the DBF Exchange
>> Shady Gates (Nmagane)
>> Volts (Sparkpowder)

[Fringe Pioneer]

Please use this table as a template when making your company thread.

[th] Failure, Inc. Based off Berkshire Hataway Inc.
Owner:	Name
Most Recent Company Value:	0 DB
Most Recent Share Value:	0 DB
Currently Owned Shares:	(How many I own)/(How many I want to make available) (e.g. 2501/5000)
[th]Shareholders: (How many I own)/(How many I want to make available) Owner (How many someone owns)/(How many I want to make available) Someone (How many someone else owns)/(How many I want to make available) Someone Else

[nmagain]

I like how you blacklisted me from this one, too. You don't even own it.
Edit: Oh, and I deleted my company before the rule even existed, I even showed you proof, your only reason was along the lines of: "Technically, I own the Pheonix Exchange, I can blacklist whoever the fuck I want" You don't own this one, you know what to do.

[Clockwork]

To be honest Nmagane has a point.

He broke a rule before it was enforced. Fox's attempt to 'blacklist' whomever the Belgium he wants in an inadequate reason to blacklist anyone at all.

[Draxorion]

VIROS or another administrator should state whether or not it would be justified as to whether Nmagane is kept in the blacklist, or not.

[V.I.R.O.S.]

I will remove Nm's blacklisting and discuss the status of the exchange with my fellow admins.

[Fringe Pioneer]

Apparently, I had to remove it...